London —  British pubs group JD Wetherspoon plans to raise up to £94m in its second cash call from investors since the start of the Covid-19 pandemic, as the government's latest order to close hospitality venues hammers its finances.

While mass vaccination started across Britain towards the end of 2020, stay-at-home orders since Christmas — which followed some local curbs in the run-up to the holidays — crushed any hopes of a quick rebound in the sector...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now